Question: Maria phone ltd needs TK. 5000000 to finance its processing equipments. Rural Bank ltd agreed to meet the requirement @ 12 % interest. The loan
Maria phone ltd needs TK. 5000000 to finance its processing equipment’s. Rural Bank ltd agreed to meet the requirement @ 12 % interest. The loan should be paid in next 4 years. You are requires to calculate the Amortization schedule under Capital Recovery Method.
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Sure I can help you with that Under the Capital Recovery Method the amortization schedule woul... View full answer
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